Ax Swings Following Artsy/Artnet Consolidation as Top Reporters Are Laid Off

Major layoffs have hit Artnet and Artsy following their consolidation under the UK-based investment firm Beowolff Capital. The staff reductions occurred just one day after the merger announcement and include the departure of veteran Artnet News reporters Sarah Cascone and Eileen Kinsella, who both served the publication for over a decade. As part of the restructuring, Artnet will also shutter its German entity, while Andrew Russeth has been tapped to serve as interim editor.

We had to make difficult decisions

"Wir mussten schwierige Entscheidungen treffen"

Investor Andrew E. Wolff has stepped down as CEO of Artnet after orchestrating a merger of the company's US operations with Artsy, another major art market platform he recently acquired. Jeffrey Yin, previously the interim head of Artsy, has been appointed as the permanent CEO of the combined entity. The restructuring involves significant layoffs, the closure of Artnet's Berlin office, and a consolidation of management teams, though both brands will continue to operate with distinct editorial voices.

Comment | 'Artnet-Artsy merger: a Bloomberg for art?'

Artnet and Artsy have officially merged under private equity firm Beowolff Capital, founded by former Goldman Sachs trader Andrew Wolff. The deal, which took Artnet private, has already led to layoffs at both companies—including at least seven staff members from Artnet News—and the closure of Artnet's Berlin office. Jeffrey Yin, CEO of Artsy, will lead the combined entity. The merger aims to combine Artnet's vast database of 18 million auction results with Artsy's primary market gallery network to create a seamless user experience for discovering, researching, and buying art.

‘Studio Iron’ to Launch at Saatchi Yates, Blurring the Boundaries Between Art and Design

Saatchi Yates is partnering with creative director and makeup artist Isamaya Ffrench to launch Studio Iron, a new design gallery whose inaugural exhibition opens April 30 and runs through June 7, 2026. The show presents a dense, post-industrial landscape dominated by steel and iron, featuring works by artists including Jannis Kounellis, Paul McCarthy, Jordan Wolfson, Anne Imhof, Marina Abramovic, Nico Vascellari, and others. Furniture, sculpture, installation, and painting collide in a space that resists categorization, hovering between function and non-function, utility and image.

According to the Turner Prize, one of the year’s best British artists is… French

The 2026 Turner Prize shortlist has been announced, featuring four nominees including French-born artist Marguerite Humeau, who is considered the front-runner despite the award's requirement of honoring a "British artist." Humeau, known for her futuristic biomorphic sculptures made from unusual materials like wasp venom and seaweed, lives in London but was born and raised in the Loire Valley. Other nominees include London-born Kira Freije, Simeon Barclay for his spoken-word performance "The Ruin," and Tanoa Sasraku, whose ICA show is described as "dreary" by the critic. The winner will be announced at Middlesbrough Institute of Modern Art in December.

‘They tore up everything’: the wolf hunters of Kyrgyzstan – in pictures

Photographer Luke Oppenheimer traveled to the remote Kyrgyz village of Ottuk in 2021 for a short assignment on wolves preying on livestock, but ended up staying for four years. His project, titled 'Ottuk' and published by Aliens in Residence, documents the lives of shepherds who hunt wolves to protect their herds in the Tien Shan mountains, capturing their ancient way of life, harsh winters, and the legends that shape their community.

Investor Says Artnet Layoffs Were Necessary for ‘Financial Strength’

Investor and owner Andrew E. Wolff has publicly explained the recent layoffs at Artnet and Artsy as a necessary step for the companies' financial restructuring and future growth. He framed the cuts as part of a broader consolidation strategy, merging the US businesses and organizational structures of the two digital art platforms while keeping their brands separate.

The Rapprochement Between Artnet and Artsy Takes Shape

Le rapprochement entre Artnet et Artsy prend corps

Artnet and Artsy, two major online art market platforms, have announced a strategic merger under the common ownership of British investment fund Beowolff Capital. The companies will retain their distinct brands and websites but will be led by a unified management team, with Artsy's CEO Jeffrey Yin taking the helm. The consolidation has already resulted in dozens of job cuts, particularly at Artnet News, and follows a period of economic strain for Artnet, which reported a 12% revenue drop in the first half of 2025.

26 Best Museums in the U.S. for Art, Culture, and Unique Experiences

This travel guide highlights 26 of the most significant museums across the United States, ranging from massive encyclopedic institutions to niche cultural centers. The list features major art landmarks like the Metropolitan Museum of Art and the Getty Center alongside specialized venues such as the Smithsonian National Museum of Natural History and the immersive art experience Meow Wolf.